Bearish movement This is for educational purpose.
Quarterly result negative & technical also a bearish pattern.
So there will be a downfall
DABUR trade ideas
DABUR INDIA LTD possible Elliot wave counts on dailyHello Friends,
Here we had shared possible Elliott wave counts on chart of Dabur India ltd. in which we can see that currently we are in corrective phase of this stock, On daily chart we can see that possibly we are in wave (c) of Y of (4), post wave (4) we can start fresh rally towards wave (5) in north direction, but currently we still have to complete corrective phase which is in complex correction pattern, so labeled as W-X-Y, in which we have completed wave W-X and now possibly we are in wave Y, also I'll mention here that in wave Y we have finished wave (a) and wave (b) and now possibly we are in wave (c) of wave Y, in wave (c) we have done wave i, and wave ii and now we are unfolding wave iii of (c) of Y.
Along with wave structures we are witnessing lots of situations in technical charts which are aligning and supporting same bearish bias, like negative crossovers, breakdowns, low relative strengths, RK's Mass psychological cloud etc. etc.
I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Please check snap shots shared below
Possible Elliott wave counts on Daily time frame.
Possible Elliott wave counts on Hourly time frame
Support breakdown along with good intensity of volume
Price broken down from ascending parallel channel with good volumes
RK's Mass psychological cloud and stop line both indicating bearish bias ahead.
Bearish Sequence in major moving averages 50DMA is below 100DMA and 100 DMA is less than 200DMA
Price closed below lower Bollinger band on daily time frame
Price closed below lower Bollinger band on weekly time frame
RSI below 40 is too bearish in daily
RSI below 40 is too bearish in weekly
MACD in daily negative crossover under zero level
MACD in weekly also negative
MACD in monthly already running in negative mode
DMI ADX both in bearish strength in daily chart
DMI ADX both in bearish strength in weekly chart
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Dabur- 610 PossibleDabur after breakout, reclaim of moving averages and RS being positive can move towards 610 levels.
Take on DaburDabur is now trading at value zones.
You can start accumulating between 530 - 515 levels.
Stoploss below ~501 levels
NSE:DABUR
VIEW ON DABURGood chart structure
Move after making a base around 510 levels
Target 539/545
Stop loss 528
I am just representing my views.
For educational purpose only.
DABUR BUY FOR 1:2 Dabur showing support+bullish engulfing +breakout retracement go for buy above high of last candle for1:2 triple confirmation trade
Falling wedge pattern reversal in Dabur india ltdDABUR INDIA LTD
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 544+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 615+.
✅ Can Go Short in this stock by placing stop loss below 511-.
DABUR AnalysisQuater results - 2023-05-04
Everything is clearly mentioned in the chart.
16 April 23
For Learning Purpose.
Dabur Turned Weak On Weekly ChartsDabur - Cmp 534.5
View : Bearish
Best Sell Price 547-552
SL - 569.6 ( Weekly Closing Basis )
Target - 515/520
Bullish In Sen candlestick ExampleThe bearish In Sen candlestick is identified by a single candlestick with a full body and short or non-existent wicks, indicating a downward trend and a potential selling opportunity. The following chart illustrates the appearance of a bearish In Sen candlestick on a price chart.
Keeping it documented for future use.
DABUR INDIA LTD TARGET 610DABUR INDIA traveling from weekly support upward channel with bullish engulfing. if it opens above 545 and sustains above 548 it will reach 610. FMCG sector is also under the near monthly and weekly breakout
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
DABUR BEARISH DABUR LOOKS BEARISH
A stock was try twice to breakout the upper level
But fail
keep an eye
highly volatile stock
lomgDabur India is one of the leading fast moving consumer goods (FMCG) players dealing in consumer care and food products.
Dabur India Ltd. : Intraday + Swing Setup NSE:DABUR
Dabur India Ltd. Intraday + Swing Analysis
1. Dabur has been forming a Channel on the hourly timeframe and its also near a support zone
Most channels are the last leg of a trend.
1.(a). For intraday, it has been forming a range near channel resistance so one can trade this range Breakout or reversal(Down leg in the channel)
1.(b).Fib retracement is at 0.5 Ratio
So we will look for a breakout of the channel and resistance trendline (mention on the chart) that will give us a Double confirmation.
##Targets should be 550 for intraday and for swing 569/600+
Stop is Below channel
2.RSI divergence
3. On a Weekly chart, you can see it is near the support trendline.
This is only for educational purposes only.
Always trade with stop-loss.
I hope you found this idea helpful.
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Share with Your Friends.
Keep Learning,
Happy Trading!
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
DABUR --Bullish --Weekly Chart DABUR -- Weekly --Bullish Chart pattern setup
TECHNICAL OBSERVATIONS .
1. DABUR seen bullish on weekly chart as chart pattern is higher high Currently .
2. Trendline support and channel support seen , Double bottom made on same support level .
3. CCI divergence seen on chart
4 . Trend reversal doji candle form at channel lower level support .
5. One can initiate Buy at channel support level 530-535 for target 550-580-600 POSITIONAL ( 1-3 ) Month stop loss 475 hourly /daily closing basis
HAPPY TRADING !!
** THI IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at own risk !
HAPPY TRADING. !
Dabur - turnaround?NSE:DABUR is taking support from a weekly support zone. If it breaks the current consolidation, it could test the near high, giving a 1:3 Risk: Reward ratio if traded via cash segment in swing trading. 🤞🏻
Wedge pattern reversal in DABURDABUR
Key highlights: 💡
✅On 1Hr Time Frame Stock Showing Reversal of wedge Pattern .
✅ It can give movement upto the Reversal target of above 540+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 558+ .
TECHNICAL PICK DABUR INDIADabur India trading currently in a narrow range (parallel channel) keep an eye for a range breakout sharing the ideas below on 15 Minute time frame chart.
Buy Idea- Buy if break and close above on 538.50 levels on 15 minute time frame for the target of 550.
Sell Idea- Sell if break and close below on 529 levels on 15 minute time frame for the target of 515.
Stop loss- Candle close below or above on 15 minute time frame chart on the opposite direction of your trade.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
